105 W. Madison Street

For Sale

105 W. Madison Street, Chicago, IL 60602

This Chicago property for sale is located at 105 W. Madison Street. Contact the listing broker for details on the current sale price for 105 W. Madison Street. 105 W. Madison Street is situated on a lot that is 0.17 acre in size.

Contacts

Matthew Tarshis

Frontline Real Estate Partners

Property Details

  • Property Type Retail - Street Retail
  • Property Size 6,700 SF
  • Units 3
  • Lot Size 0.17 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1928
  • Year Renovated 2026
  • Date Updated Sep 4, 2026
The property is strategically located directly off the southwest corner of the signalized intersection of Madison Street and Clark Street in the heart Chicago’s primary business and financial district known as "The Loop". The property is situated less than two (2) blocks from multiple CTA Pink, Purple, Brown, and Orange "L" stations and is within a 15-minute walk of both the Ogilvie and Union commuter rail stations that serve the metro area. Some of Chicago’s top tourist attractions such as Millennium Park, Willis Tower, The Art Institute of Chicago, and Buckingham Fountain are all within walking distance of the site. "The Loop" is the second largest commercial business district in North America and contains the headquarters and regional offices of several global and national businesses, retail establishments, restaurants, hotels, theaters, as well as many of Chicago's most famous attractions. Chicago is a major hub for industry, telecommunications and infrastructure and O'Hare International Airport is the second busiest airport in the world in terms of traffic movement. In 2019, Chicago attracted over 50 million domestic leisure travelers, 11 million domestic business travelers and 1.5 million overseas visitors. These visitors contributed more than $14 billion to Chicago's economy. Additionally, Chicago is the United States third-largest convention destination.This offering presents a 100% leased, triple-net retail investment comprising three street-level units occupied by Dunkin’, Subway, and Nature’s Grace and Wellness, complemented by additional income from a Verizon cell tower license. The investment further benefits from pass-through expenses that are significantly below prevailing market levels due to expense caps contemplated in the REA, enhancing the property’s overall net cash flow. *Nature’s Grace and Wellness has generated robust sales since opening in June 2026, with current sales trends indicating the potential for an additional $180,000 in net rent pursuant to the percentage-rent provision in its lease. Prominently positioned at the southwest corner of Clark and Madison Streets in the heart of Chicago’s Loop, 105 W. Madison Street represents one of downtown Chicago’s most visible retail locations. The 6,700-square-foot, fee-simple asset benefits from approximately 12,100 vehicles per day, substantial pedestrian traffic, proximity to the Loop’s major transportation hubs, and a highly prominent downtown view corridor. The property is situated within a premier trade area encompassing more than 400,000 residents and an average household income exceeding $148,000 within three miles. The surrounding area is also experiencing significant institutional investment, highlighted by JPMorgan Chase’s renovation of its Loop headquarters directly across the street and Google’s $280 million redevelopment of the Thompson Center into its new Chicago headquarters just two blocks north, projects that are expected to collectively bring more than 15,000 employees to the immediate area.
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Highlights

  • Fully leased to Dunkin', Subway, and Nature's Grace and Wellness, along with a supplemental Verizon cell tower lease
  • Stabilized retail storefront property consisting of three (3) street-level units on triple net leases totaling 6,700 SF in the Chicago Loop
  • Strategically positioned at the center of a high-amenity corridor, surrounded by dense concentration of office, residential, retail, dining, and hospitality options
  • The Property benefits from high foot traffic. Madison Street is the primary pedestrian route to the CTA, Ogilvie, and Union Station

Attachments

Getting around

  • 100/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 80/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Chicago Loop
  • Zip Code 60602
  • Market Chicago

Points of Interest

  • Quincy

    0.25 miles

  • Lake

    0.25 miles

  • Adams/Wabash

    0.30 miles

  • State/Lake

    0.32 miles

  • Harold Washington Library-State/Van Buren

    0.36 miles

  • Millennium Station

    0.38 miles

  • Merchandise Mart

    0.49 miles

  • Clinton

    0.58 miles

  • Grand

    0.71 miles

  • UIC-Halsted (Halsted Street)

    0.94 miles

  • ChargePoint

    0.39 miles

  • Tesla Supercharger

    0.64 miles

  • BP

    0.81 miles

  • Blink

    0.81 miles

  • Volta

    0.82 miles

  • Citgo

    1.09 miles

  • Shell

    1.09 miles

  • Blink ParkChip Garage - 1035 Van Buren

    1.19 miles

  • Electrify America

    1.32 miles

  • eVgo

    1.39 miles

  • Washington-Madison-Wells Self Park

    0.12 miles

  • Secure

    0.15 miles

  • 33 West Monroe

    0.16 miles

  • The Poetry Garage

    0.17 miles

  • Citadel Center

    0.17 miles

  • 120 North LaSalle

    0.18 miles

  • 217 West Washington

    0.18 miles

  • Franklin Center

    0.19 miles

  • Washington Franklin Self Park

    0.23 miles

  • The Franklin

    0.23 miles

  • Dunkin'

    0.01 miles

  • Roanoke Restaurant

    0.03 miles

  • Cousins Subs

    0.04 miles

  • Silk Road of Chicago

    0.04 miles

  • Burrito Beach

    0.05 miles

  • Copper Club

    0.05 miles

  • Noodles & Company

    0.06 miles

  • Potbelly

    0.07 miles

  • Cochon Volant Brasserie

    0.07 miles

  • Steadfast at the Gray

    0.07 miles

  • Saks Off 5th

    0.17 miles

  • Block 37 Shops

    0.18 miles

  • Target

    0.19 miles

  • TJ Maxx

    0.22 miles

  • Burlington

    0.23 miles

  • Macy's

    0.25 miles

  • Ross

    0.30 miles

  • Millennium Station/Pedway

    0.42 miles

  • Chicago French Market

    0.51 miles

  • The Merchandise Mart

    0.51 miles

Contact Listing Broker
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